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Gold/Mining/Energy : Tracer Petroleum (TCXXF) -- Ignore unavailable to you. Want to Upgrade?

To: Peter G. Troyan who wrote (1091)	5/18/1999 2:43:00 PM
From: Midwesterner	Read Replies (1) \| Respond to of 1261

Do you think that all proxies from the various brokerages have been changed by those brokerages to reflect what they think is the meaning of the resolution? If so, how can they derive from the following that you posted, to what is in the proxy which came to me as I hold my stock myself in my own name. Your Post for number 6: "To approve a special resolution authorizing the directors at its discretion, to acquire such properties, assets or undertakings as it determines appropriate for cash or shares. My number 6: "To approve a special resolution authorizing the Board of Directors of the Corporation at its sole discretion and authority, to acquire such properties, assets or undertakings as It determines appropriate for the company in consideration for cash and/or shares, as the board may determine, which number of shares may be greater than 20% of the Issued and outstanding shares of the Company AND MAY RESULT IN A CHANGE OF CONTROL OF THE CORPORTATION, with the shares to be issued to consist of "trading shares" or "performance shares", or a combination thereof, as the Board may determine, in accordance with the polices of the regulatory authorities, providing such acquisition is also acceptable to and approved by any stock exchange having jurisdiction." IMHO this is nothing short of criminal. The board is telling us that this will give them the right to issue shares to the point it may result in a change of control of the corporation. This is their words directly from my proxy. This is just as bad, probably worst, than giving them the okay to due a rollback don't you agree? EVERYONE....VOTE AGAINST #5, #6, AND WITHHOLD FOR ROBINSON, YOUELL, WILSON & FEARON, overwise you can kiss your company goodbye!